China has officially approved imports of a genetically modified (GM) Bayer CropScience Ltd soybean variety after seven years of review, Bayer said on Friday [19 December 2014], raising expectations that approval notices could come soon for other biotech crops. Bayer received an import certificate from China, the world’s top soybean importer, for its LL55 Liberty Link variety and plans a full commercial US launch of the seed next year…Full Article: Taipei Times Dec 2014

Key Point

According to Bayer’s Director of US Soybean Operations, farmers in the southern US will likely plant LL55 soybeans on anywhere from 80,900 hectares to 121,400 ha in 2015.